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Prime Commercial Corner Opportunity

121 Military Highway Progreso, TX 78596

121 Military Highway, Progreso, TX, 78596
$578,500
For Sale
$578,500

COMMERCIAL - Progreso, TX

Lot Size2.48 Acres
Days on Market110

Property Features for 121 Military Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
O690000028000100
Lot size
2.48 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7853

Utilities

Water source
Public
Listing Agency BIG Realty
4847 S Jackson Rd., Pharr, TX
Listed by Victor Fuentes · License #574075
Added: Apr 1 Checked: Jul 19 at 3:06 pm
MLS# 492438 Listing URL

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 2.48-acre commercial property is located at the signalized intersection of Military Highway and Mile 3 Road, minutes from the Progreso International Port of Entry. The site consists of two adjoining parcels, offering both immediate income and redevelopment potential. The front parcel, approximately 0.75 acres, includes an existing retail building with active leases, providing in-place cash flow. The rear parcel, approximately 1.73 acres, is vacant and ready for development, making it suitable for mixed-use redevelopment. The property features frontage, multiple access points, and strong daily traffic counts. It is near national retailers, residential areas, and cross-border commerce driven by Progreso's port activity. This asset is suitable for retail, quick-service restaurants, strip center expansion, pad sites, or phased development, offering both stability and long-term growth.

Key Highlights

  • Prime hard‑corner location at a signalized intersection near the Progreso International Port of Entry.
  • 2.48‑acre assemblage with immediate income from an existing retail building with active leases.
  • Significant redevelopment potential with a +/-1.73‑acre vacant parcel ready for development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 2.48-acre commercial land with income and redevelopment potential.
Where is this commercial land located?
The property is located at 121 Military Highway Progreso, TX.
What is the asking price?
The asking price for this property is $578,500.
What are key features of this property?
This property features: Prime hard‑corner location at a signalized intersection near the Progreso International Port of Entry.; 2.48‑acre assemblage with immediate income from an existing retail building with active leases.; Significant redevelopment potential with a +/-1.73‑acre vacant parcel ready for development.
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